Wednesday, 14 January 2015

Debenhams share price slides despite bumper Christmas

Debenhams has posted a welcome record bump in Christmas sales spurred on by a curb on promotions.

But the high-street giant - which operates five stores in Northern Ireland - failed to prevent fresh concerns over its turnaround plans, with shares slumping yesterday.
The group as a whole - which has 248 stores in 28 countries - boosted like-for-like sales by 4.9% in the four weeks to January 10 after it boosted online trading by almost a third and held 10 fewer days of sales.
Read more Click here / www.trade4x.net
 

No comments:

Post a Comment